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Bitcoin Q&A: Facebook's Libra Blockchain


Why is Facebook’s Libra Blockchain neither a real cryptocurrency nor a menace to Bitcoin? What necessities and restrictions will GlobalCoin customers have? Who will they compete towards?

CORRECTION: At 4:58, I say that PayPal solely serves twenty to thirty nations. They truly declare to be accessible in “in more than 200 countries/regions,” however the level nonetheless stands about folks in some nations have extra restricted entry than others. https://www.paypal.com/us/webapps/mpp/country-worldwide

This query is from the May month-to-month subscriber session, which befell on May 25th 2019. If you need early-access to talks and an opportunity to take part within the month-to-month stay Q&As with Andreas, turn out to be a patron: https://www.patreon.com/aantonop

RELATED: Facebook Coin and JPM Coin – https://youtu.be/Plseqktm3G4 Measuring Success: Price or Principle – https://youtu.be/mPMsbgWl9p4 Bitcoin and the Banks: Five Stages of Grief – https://youtu.be/43Ucj6_Erb0 Escaping the Global Banking Cartel – https://youtu.be/LgI0liAee4s Money as a System-of-Control – https://youtu.be/FyK4P7ZdOK8 What is Consensus: Rules with out Rulers – https://youtu.be/2tqo7PX5Pyc Bitcoin Security: Bubble Boy and the Sewer Rat – https://youtu.be/810aKcfM__Q Why Open Blockchains Matter – https://youtu.be/uZPIz3ArQww Why permissioned blockchains fail – https://youtu.be/GEQzlJ_WL-E How to keep away from re-creating techniques of management – https://youtu.be/EfoGnDoaBL8 The QuadrigaCX scandal and counterparty danger – https://youtu.be/xsrF0szpS0I Do “crypto-banks” threaten exhausting cash? – https://youtu.be/Ps78g2_3_6o Governance and social assault immunity – https://youtu.be/PjOHatoX6Fk Privacy experimentation and the posh of laziness – https://youtu.be/4GoPRNFr2YQ State-sponsored digital currencies and belief minimization – https://youtu.be/dSpFbg7jlDw

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has turn out to be one of the vital well-known and revered figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/

He is the writer of two books: “Mastering Bitcoin,” printed by O’Reilly Media and regarded the most effective technical information to bitcoin; “The Internet of Money,” a guide about why bitcoin issues.

Subscribe to the channel to be taught extra about Bitcoin & open blockchains; click on on the purple bell to allow notifications about new movies!

MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9

Translations of MASTERING BITCOIN: bitcoin/” goal=”_blank”>https://bitcoinbook.info/translations-of-mastering-bitcoin/

THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs

THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ

Translations of THE INTERNET OF MONEY: Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390 Russian, ‘???????? ?????’ (v1) – https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg Vietnamese, ‘Internet C?a Ti?n T?’ (v1) – https://alphabooks.vn/khi-tien-len-mang

MASTERING ETHEREUM (This autumn): https://amzn.to/2xdxmlK

Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)

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